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Hiscox’s leader in Bermuda, Jeremy Pinchin, is to return to Britain next year. After five years heading up the specialist global insurer’s operations on the island, Mr Pinchin is returning to London to continue in his role as Hiscox Group claims dire...

Bermudian-based Endurance Specialty Holdings Ltd has, through Endurance US Insurance, introduced a new excess casualty product for commercial transportation clients, distributed through a limited network of wholesale brokers specialising in the trans...

A donation of $1,500 to fund a scholarship for a young, Bermudian female to participate in advanced race training at a Bermuda sailing club, has been made by WiRe, the Women in Reinsurance professional group. The scholarship was funded on behalf of W...

Bermuda’s reinsurance sector has been stress-tested on its ability to withstand losses from a number of disaster scenarios — and it came through with flying colours. The Bermuda Monetary Authority, the island’s financial-services regulator, this week...

The California Earthquake Authority, through its Bermudian-based special purpose insurer Ursa Re Ltd, has issued a $500 million cat bond to cover earthquake risk in California. The Series 2016-1 Class A notes will run for three years and become due ...

Bermuda attracted 160 delegates to the Latin American risk-management conference, Alarys Congress, in September. The event has been described as a major success for both the industry and the island. The attendees came from Argentina, Brazil, Colombia...

LONDON (Bloomberg) — Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of t...

Bermuda Monetary Authority has released its first report to highlight the island’s reinsurance industry’s resilience to major, but improbable, catastrophic events. The Authority’s Catastrophe Risk in Bermuda Report gives a high-level overview of the ...

Hamilton Underwriting Limited, the Lloyd’s platform of Hamilton Insurance Group, has been given permission to increase its gross written premium by £52 million ($64.6 million) and to write two new lines of business. Syndicate 3334 had approval for a ...

Britain has revealed details of its plans to seize a slice of the global catastrophe bond business that Bermuda dominates. A new regulatory framework and exemptions from corporation tax for the sector are among the proposals put forward by the UK Tre...

Bermuda has the potential to be a leading light in the development and implementation of blockchain technology. A high-profile company researching and developing blockchain, R3, visited Bermuda and gave a demonstration of the potential benefits distr...

Blue Capital Global Reinsurance Fund Limited recorded a $6.8 million loss in October, primarily related to Hurricane Matthew. Ordinary shares of the company had an unaudited net asset value of $1.1216 at the end of October, which was 0.2 per cent dow...